Reliance Mutual Fund, part of the Reliance Anil Dhirubhai Ambani Group, has been adjudged the best fund house in India and Vikrant Gugnani the best CEO by Asia Asset Management, a journal of investments and pensions based in Hong Kong.
Asia Asset Management magazine is a monthly publication focusing on the institutional fund markets in the Asia Pacific region. The award is for the 12-month period ended December 2008.
Commenting on the awards, Leehock Tan, publisher of Asia Asset Management, said, “We have seen that Reliance Capital Asset Management Ltd continues to expand both its domestic and international franchise, re-affirming its dominance as the leading mutual fund house in India. Amidst the global economic crisis, its recent growth has been impressive. Thus, their commitment to the industry deserves to be recognized.”
On this recognition, the newly-appointed CEO of Reliance Mutual Fund, Sundeep Sikka, said, “This recognition is very special as it comes from an international and a very credible institution endorsing us as the Best Fund House in India. We convey our gratitude to our investors and partners who have been the driving force towards our success. Such recognition makes us more committed towards serving our investors with better products and services.”
Gugnani was the CEO of Reliance Mutual Fund from October 2005 to December 2008, and was instrumental in taking the company to leadership position and making it the most trusted brand amongst asset management companies, the company said in a press release.
Asia Asset Management magazine is a monthly publication focusing on the institutional fund markets in the Asia Pacific region. The award is for the 12-month period ended December 2008.
Commenting on the awards, Leehock Tan, publisher of Asia Asset Management, said, “We have seen that Reliance Capital Asset Management Ltd continues to expand both its domestic and international franchise, re-affirming its dominance as the leading mutual fund house in India. Amidst the global economic crisis, its recent growth has been impressive. Thus, their commitment to the industry deserves to be recognized.”
On this recognition, the newly-appointed CEO of Reliance Mutual Fund, Sundeep Sikka, said, “This recognition is very special as it comes from an international and a very credible institution endorsing us as the Best Fund House in India. We convey our gratitude to our investors and partners who have been the driving force towards our success. Such recognition makes us more committed towards serving our investors with better products and services.”
Gugnani was the CEO of Reliance Mutual Fund from October 2005 to December 2008, and was instrumental in taking the company to leadership position and making it the most trusted brand amongst asset management companies, the company said in a press release.
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